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Factors Influencing Competitiveness in the Global Beer Trade

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  • Áron Török

    (Department of Agricultural Economics and Rural Development, Corvinus University of Budapest, 1093 Budapest, Hungary)

  • Ákos Szerletics

    (Department of Agricultural Economics and Rural Development, Corvinus University of Budapest, 1093 Budapest, Hungary)

  • Lili Jantyik

    (Department of Agricultural Economics and Rural Development, Corvinus University of Budapest, 1093 Budapest, Hungary)

Abstract

Beer is a widely produced, consumed, and traded alcoholic drink all around the world. This paper investigates the factors influencing competitiveness in the global beer trade on the macroeconomic level. To reach this aim, descriptive analysis and panel regression together with stability tests were used on the global beer market from 1998 to 2017. Results showed high concentration both in global production and trade, while except for the most competitive beer-exporting countries, the level of comparative advantages has significantly changed in these three decades. Based on the panel regression models, total beer production and per capita consumption, EU membership, and the number of beers with geographical indications have a positive impact on comparative advantages. In contrast, barley production, level of foreign direct investments, size of the population, GDP/capita, and high quality level of the beer export have a negative effect.

Suggested Citation

  • Áron Török & Ákos Szerletics & Lili Jantyik, 2020. "Factors Influencing Competitiveness in the Global Beer Trade," Sustainability, MDPI, vol. 12(15), pages 1-15, July.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:15:p:5957-:d:388891
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    Cited by:

    1. Lili Jantyik & Jeremiás Máté Balogh & Áron Török, 2021. "What Are the Reasons Behind the Economic Performance of the Hungarian Beer Industry? The Case of the Hungarian Microbreweries," Sustainability, MDPI, vol. 13(5), pages 1-14, March.
    2. Matkovski, Bojan & Zekić, Stanislav & Đokić, Danilo & Jurjević, Žana & Đurić, Ivan, 2022. "Export competitiveness of agri-food sector during the EU integration process: Evidence from the Western Balkans," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 11(1).
    3. Monika Březinová, 2021. "Beer Industry in the Czech Republic: Reasons for Founding a Craft Brewery," Sustainability, MDPI, vol. 13(17), pages 1-12, August.
    4. Radovan Savov & Xénia Szarková, 2022. "Craft beer revolution: formation of a new segment in Slovakia," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(1), pages 225-246, March.

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